The next thing in green investing is a new kind of debt designed to help fund the trillions of dollars needed to wean the world from carbon.
South Africa’s main stock benchmark index dropped for a second day, down 1.1% by 9:42 a.m. in Johannesburg, the biggest intraday decline in more than a week, as market giant Naspers Ltd. joined diversified miners and banks in pulling the main gauge lower.
Turkey’s coronavirus-battered economy fared far better than all peers in the third quarter, driven by a stimulus campaign that sacrificed the lira and price stability.
The parent of big Chinese courier SF Express is in talks with banks for a loan of around $4 billion for acquisitions, according to people familiar with the matter, who are not authorized to speak publicly and asked not to be identified.
Private equity firm Harith General Partners Pty Ltd. and the Phembani Remgro Infrastructure Fund are buying equity in a company investing $296 million to modernize Zimbabwe Beitbridge border, one of Africa’s busiest land border crossings.
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